Business Succession Planning

Oakland County Business Succession Planning Attorneys

A significant portion of our estate planning clients are also business owners. When they consider what will happen to their assets after they pass away, they must be concerned with who will run the family business. Our Oakland County business succession planning lawyers can guide clients through planning for contingencies and establishing the leadership succession.

At Ryan B. Stearn P.C., our attorneys understand the importance of business succession planning. No matter the size of your business, we will work through the process of deciding the course of your organization’s leadership after you pass away.

Michigan Family Business Succession Planning Lawyer

As with other estate planning documents, such as wills and trusts, business succession planning requires forethought and the ability to anticipate challenges. Most companies have a succession plan in place — who is in line for promotion, who will run certain departments, who is being groomed for top-level positions — but these plans often fall by the wayside with the owner’s untimely death or disability. A business succession plan with an estate planning attorney, however, looks specifically at that tragic situation. In short, “Who will run my business if I’m gone?”

By carefully examining the needs of your organization and the leadership staff in place, we can guide our clients through this difficult decision-making process. We will determine what is best for the future of your organization and account for your wishes in legal documents. For peace of mind, contact our firm as soon as possible.

If you are facing legal issues in your personal or professional life, it is wise to contact an attorney as soon as possible. We can carefully evaluate your issue and provide legal advice and representation no matter how complex your dilemma.

Contact Ryan B. Stearn P.C. Today!

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